Monday 24th October 2016

Resource Clips

Amarillo reports Brazil Gold Assays including 0.94 g/t over 78m

Resource Clips - essential news on junior gold mining and junior silver miningAmarillo Gold Corporation TSXV:AGC announced assays from its Lavras do Sul gold project in southern Brazil. Results include

3.38 g/t gold over 3 metres
5.08 g/t over 2 metres
5.96 g/t over 2 metres
1.29 g/t over 8 metres
0.74 g/t over 19 metres
0.92 g/t over 28 metres
1.22 g/t over 20 metres (including 10.36 g/t over 1 metre)
0.79 g/t over 21.9 metres (including 6.97 g/t over 1 metre)
1.34 g/t over 20 metres
0.96 g/t over 12.5 metres (including 9.59 g/t over 1 metre)
0.47 g/t over 57 metres
0.49 g/t over 102 metres
2.47 g/t over 7.5 metres (including 14.03 g/t over 1 metre)
0.84 g/t over 26 metres
0.94 g/t over 78 metres (including 11.91 g/t over 2 metres)

President/CEO Buddy Doyle remarked, “The Lavras do Sul project is comprised of more than 19 prospects centred on old gold workings or geochemical anomalies over a 12 kilometre by 7 kilometre area. Amarillo’s plan is to systematically drill test each of these prospects; the Butia and Cerrito prospects are the first two to be systematically drilled. The company’s strategy is to establish sufficient resources in a series of different prospects to justify the construction of a central processing plant. The discovery of the extra gold zones at Cerrito is great news and a resource estimate is planned for Cerrito once further drilling is completed in order to obtain a better understanding of the full dimension and grade of all of the mineralized zones.”

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Amarillo Gold Corp

by Ted Niles

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